Coin Laundromat for Sale in Union, NJ

This is a beautiful, state-of-the-art coin laundromat located in Union, New Jersey. The business is currently run absentee, offering a strong opportunity for an owner-operator or investor. It features 30 modern washers (4 years old) and 34 well-maintained dryers (11 years old), all manufactured by Heubsch. The revenue breakdown is approximately 65% self-service, 30% wash and fold, 4% vending/counter sales, and 1% dry cleaning. The facility spans 2500 sq ft and has been entirely remodeled, ensuring a clean and inviting environment with excellent Google reviews. Situated on a busy road, the laundromat benefits from high visibility and significant room for growth, including expansion into on-demand, pick-up, and delivery services, especially given its proximity to shore towns. The lease has 14 years remaining, providing long-term stability. The seller is motivated and currently handles collections twice a week, indicating potential for increased profits with active management. The business may qualify for bank financing.